News

Peru To Upgrade Second MiG-29 Batch

October 6, 2014 @ 03:38 PM

Russian aircraft manufacturer, RAC MiG expects to sign a repair and modernization of a second batch of MiG-29 Fulcrum fighter jets contract with the Peruvian Air Force this year, Forecast International reported. In August 2008, the Peruvian Defense Ministry awarded a contract worth $106 million to RAC MiG for upgrades to eight of the MiG-29s in inventory
U.S Defense Companies Stand To Gain From Iraq And Syrian War

October 6, 2014 @ 02:51 PM

The American defense manufacturing companies appear to be benefitting from US led air-strikes in Iraq and Syria against Islamic State. Bloomberg in September just before airstrikes in Syria reported defense firms Lockheed Martin, Northrop, Raytheon and General Dynamics Corporation are all set to trade at record prices
Russia selects 40 projects for defence research fund

October 6, 2014 @ 11:33 AM

A year after President Vladimir Putin signed a bill setting up an agency, comparable to Americas Defense Advanced Research Projects Agency (DARPA), Russian defense ministry has begun awarding its first prizes for Future Research Fund. “The defense minister has approved the structure of the system,” Ria Novosti quoted Maj
Germany To Revive $1.5 Billion Euro Hawk Drone Project

October 6, 2014 @ 09:16 AM

Germany will revive the $1.5 billion high-altitude reconnaissance drone Euro Hawk project, media reports said Saturday
Babcock To Repair, Maintain Royal Navy's Warships And Subs In £2.6bn Contract

October 1, 2014 @ 11:14 AM

Babcock has been awarded a £2.6bn contract to repair and maintain the Royal Navy's warships and submarines
High Price Tags Putting Off Arms Sales?

September 29, 2014 @ 01:30 PM

Arms deals that come with hefty price tags are being cancelled in growing numbers with governments preferring to procure weapons for lower costs or develop them indigenously. Earlier this year, India cancelled a $650 million deal with BAE Systems for the procurement of M-777 howitzers
CAE Wins $115 Million In Contracts

September 23, 2014 @ 01:37 PM

CAE announced today that it has won a series of contracts valued at approximately C$115 million to provide a range of training systems and services for global defence and security customers. These include contracts to continue providing MQ-1 Predator/MQ-9 Reaper aircrew training to the United States Air Force , a contract to update the Royal Canadian Air Force's CP-140 simulator, and a contract to design and manufacture a UH-72A flight training device for the United States Army
US Navy Gets Future USNS Fall River JHVS

September 17, 2014 @ 09:40 AM

The US Navy accepted delivery of Joint High Speed Vessel, the future USNS Fall River from the Austal USA shipbuilder. The delivery marks a major milestone, the official transfer of the vessel from the shipbuilder to the Navy
Scotland Split Could Shake Up UK Defence Preparedness and Industry

September 12, 2014 @ 10:37 AM

The UK defence establishment could be significantly impacted if Scottish voters vote “yes” on the Sept. 18 referendum over independence from the UK
Russia To Test New Strike Drone In 2015: Reports

September 8, 2014 @ 11:14 AM

Russian reconnaissance and strike drone "Chirok" will begin tests in 2015, the CEO of the Moscow Research Radio Engineering Institute Yuri Nevzorov told RIA Novosti on Sunday. "After the new year , we will launch the test

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